All the headlines from our Fraud Topic Page, ordered by recency.
May 21 2012 // “The victims of the UK’s metal theft crime wave are now being paid out over £1 million [$1.58 million] every week by insurers,” according to the Association of British Insurers. Thieves are making off...
May 21 2012 // New York State regulators are expanding their effort to stop no-fault auto insurance fraud. The New York Department of Financial Services announced a draft regulation, Regulation 68, that would make it easier for insurers...
May 21 2012 // While most workers’ compensation claims stem from real instances of on-the-job injuries, there are, unfortunately, people who cheat the system, driving up costs for employers, consumers and insurers.According to the...
May 21 2012 // Hawaii lawmakers have approved a trio of bills aimed at preventing cybercrimes.The bills offer law enforcement and prosecutors more tools to charge and penalize those who use computers to commit crimes. One bill allows...
May 18 2012 // Hackensack Police Chief Ken Zisa faces up to 45 years in prison after a jury convicted him of insurance fraud and official misconduct.After deliberating three days, the panel on Wednesday found Zisa filed a false insurance...
May 17 2012 // Recognizing that technology has changed hiring procedures and also that more people are coming in contact with the criminal justice system, the federal government has updated its guidelines for employers who use arrest and...
May 15 2012 // Former American International Group Inc. Chief Executive Maurice “Hank” Greenberg said New York’s attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect...
May 14 2012 // A bill recently passed and signed by the governor toughens the penalties for insurance fraud, state officials say.Senate Bill 1439, requested by Oklahoma Insurance Commissioner John D. Doak, is expected to save taxpayers...
May 11 2012 // A federal judge said during a court hearing in New York on Thursday he is prepared to order an insurance company to keep paying the legal fees of several former hedge fund managers and traders caught up in an insider...
May 10 2012 // Southeast Texas has a new team dedicated to fighting insurance fraud.Texas Department of Insurance (TDI) Commissioner Eleanor Kitzman and Harris County District Attorney Patricia Lykos announced that the Harris County...
May 10 2012 // A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the Bahamas.Florida Chief Financial Officer Jeff Atwater announced the arrest of Robert...
May 9 2012 // Sied “Mike Zarrin” Zarrinsaray, 52, his wife Ronak Barazandeh, 43, the owners of United RMR Enterprises, Inc. of San Jose, were arrested for workers’ compensation insurance fraud, according to the...
May 9 2012 // Randy Adair, chief investigator for the Kansas Insurance Department’s Anti-Fraud Division, and a retired deputy chief of police for Topeka, is the recipient of the 2012 Clarence M. Kelley Meritorious Service Award...
May 9 2012 // A New York appeals court on Tuesday gave former American International Group Inc. Chief Executive Maurice “Hank” Greenberg a partial victory in the state’s fraud lawsuit against him over two suspect...
May 8 2012 // RLI Corp. has announced that it will pay the theft activation fee for all of its RLI Marine policy holders who purchase and install an IRONwatch equipment tracking device serviced by the National Equipment Register (NER)....
May 7 2012 // Louisiana has agreed to share information with a federal network designed to cut down on insurance fraud.The Advocate reported that the agreement is between the Treasury Department’s Financial Crimes Enforcement...
May 4 2012 // Florida’s decade long attempt to reform the state’s automobile no-fault insurance law has finally paid off.Gov. Rick Scott, flanked by rows of law enforcement officials and state officials, signed into law...
May 3 2012 // Hawaii lawmakers have approved a trio of bills aimed at preventing cybercrimes.The bills passed Tuesday offer law enforcement and prosecutors more tools to charge and penalize those who use computers to commit crimes. One...
May 2 2012 // New York State regulators are expanding their effort to stop no-fault auto insurance fraud.The New York Department of Financial Services announced on Tuesday a new draft regulation, Regulation 68, that would make it easier...
May 1 2012 // A federal jury in Virginia convicted a former Costa Rican insurance executive on Monday of all counts in a $485 million fraud scheme in which he was accused of lying to clients and investors about the financial stability...